To load off the GSTN glitches in return filing and pending issues, the Confederation Of Indian Industry (CII) urged the government for some revisions in return filing due dates and regulations. CII suggested the government to delay the due date for filing GSTR forms and give the tax payers time to understand the new system.
CII said in a release in New Delhi, “In view of the difficulties of online filing, CII suggested that the due dates for filing GSTR-1 form, GSTR-2 and GSTR-3 should be deferred for another month or two. This will stabilise the new system.” Indian Chamber CII have favoured the extension by overhauling the initial problems faced in online filing of Invoices uploads prior to last date and consequently, the due dates was extended by GST Council.
Last time the government extended the GSTR-3B form filing due dates by another 5-days for July month as the system stopped functioning a day before the last date. Again for the month of August, the last date for GSTR-1 filing was extended till 10 September in lieu of technical issues.
CII also suggested some amendments in return filing procedure to streamline the smooth processing. CII suggested, “All modules of GSTN should be activated or enabled to amend core fields in registration to amend particulars of ‘principal place of business’ or to declare ‘additional place of business’ or file refunds.”
Furthermore, “GSTR-3B should have provision for rounding off Input Tax Credit to nearest rupee. This will match output tax liability which is rounded off, and be accepted in the system,” it said.
CII added that GST Council should revise the penalty action norms and exempt the penalty till six months from GST implementation, so taxpayer could better relate with the new indirect tax system. There are so many anomalies regarding the new GST system such as filing TRAN 1 form, in which the closing balance of credits of this June month is carry forwarded for July month filing.
CII also requested the government to improve the system, it said, “CII suggests that the system response should be enhanced to allow download, preview details, and take prints for reconciliation before submission.”
